Origaudio Shark Tank Update

Electronics portable speakers

Fell ThroughNow:AcquiredTechnologySeason 2, Episode 8Costa Mesa, CAby Jason Lucash and Michael SzymczakWebsite

What Happened to Origaudio After Shark Tank

Is Origaudio still in business? It was acquired.

$10M

estimated annual revenue

Deal Fell Through

Company doubled revenue between filming and airing; valuation no longer made sense

  • Deal with Robert Herjavec for $150K/15% on Season 2; deal fell through post-show
  • Fold-and-play recyclable speakers and promotional products
  • Pivoted to become a major promotional/corporate products company
  • Grew revenue significantly through B2B corporate gifting
  • Acquired by HPG Brands (Hub Promotional Group) in 2018; brand continues operating under HPG

Last verified Apr 4, 2026.

Get updates on Origaudio

The Origaudio Shark Tank Pitch

Jason Lucash and Michael Szymczak of Costa Mesa, CA pitched Origaudio on Shark Tank Season 2, Episode 8, which aired Friday, May 6, 2011, asking for $150,000 for 15% of the company — a $1M valuation.

Robert Herjavec agreed to invest $150,000 for 15% equity, valuing the company at $1M. The deal fell through after the show. Company doubled revenue between filming and airing; valuation no longer made sense.

Pitch Details

Aired
S2E8May 6, 2011
Ask
$150,000for 15%
Ask Valuation
$1M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$150,000
Equity
15%
Valuation
$1M
Robert HerjavecRobert Herjavec